BANKING & FINANCE
Banking & Finance

During coronavirus, Facebook, Amazon chiefs see wealth balloon: Report

Friday, 22 May 2020

The fortunes of US billionaires rose 15 percent in the two months since the coronavirus pandemic hit ......

Saudi banks have enough liquidity to support private sector amid coronavirus: Min

Wednesday, 20 May 2020

Saudi Arabia’s banks have sufficient liquidity to support the needs of the private sector amid the ......

UAE instructs banks to freeze accounts of NMC founder Shetty, his family: Report

Wednesday, 20 May 2020

United Arab Emirates lenders have been told by the central bank to freeze the accounts of NMC Health ......

UAE’s First Abu Dhabi Bank's quarterly profit hit by impairment charges

Wednesday, 20 May 2020

First Abu Dhabi Bank, the biggest lender in the United Arab Emirates (UAE), reported a 22 percent ......

Coronavirus: Qatar offers guarantees to local banks worth 3 bln riyals

Wednesday, 20 May 2020

Qatar allocated on Sunday guarantees to local banks worth three billion riyals ($824 million), as ......

Dubai banks introduce business relief package to ease coronavirus financial pressures

Wednesday, 20 May 2020

Banks in Dubai will offer a comprehensive relief package to help ease financial pressures on their ......

Iran appoints new central bank head as economy, currency struggle

Wednesday, 20 May 2020

Iran’s cabinet appointed a new central bank governor on Wednesday, the IRIB news agency ......

Report: UAE banks continue to register higher profitability

Wednesday, 20 May 2020

UAE banks continue to perform well, with higher levels of profitability, and liquidity is expected ......

Union to strike at Fiat Chrysler over Juventus cash splurge on Ronaldo

Wednesday, 20 May 2020

A small union has called a strike at Fiat Chrysler’s Melfi plant in Italy to protest against ......

UAE: Court case over Abraaj founder’s Naqvi adjourned until July 15

Wednesday, 20 May 2020

A case involving the founder of private equity firm Abraaj, Arif Naqvi, and another executive for ......

China’s biggest bank corruption criminal repatriated from US

Wednesday, 20 May 2020

A Chinese man who embezzled $485 million from his employer in the biggest bank corruption case in ......

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

Wednesday, 20 May 2020

SoftBank Group is increasing its stake in Yahoo Japan  through a $2 billion, three-way deal ......

Lawyer: Dubai’s troubled Abraaj nears out-of-court settlement

Wednesday, 20 May 2020

A lawyer for the founder of embattled Dubai-based private equity group Abraaj said Thursday it is ......

No longer just ‘Rothschild’ as bank dynasty’s branches settle name dispute

Wednesday, 20 May 2020

French and Swiss banks owned by two branches of the Rothschild dynasty agreed on Friday to end a ......

India asks Interpol to issue arrest notice for billionaire jeweler Nirav Modi

Wednesday, 20 May 2020

India’s federal police has asked Interpol to help locate and arrest billionaire jeweller Nirav ......

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